Trophy Office Tower Could Bring LEED Platinum to High Line in West Chelsea

Designed by Cook + Fox, the 9-story, 175,000-sqare-foot tower is slated for West 22nd Street and 10th Avenue and would feature 160 feet of High Line retail frontage.

Cook + Fox LEED Platinum High Line

The Albanese Organization has announced plans for a Cook + Fox-designed, LEED Platinum office building in West Chelsea (pictured). Set to rise adjacent to the High Line on a parcel that was once slated for a Jay-Z-owned hotel, the 9-story, 175,000-square-foot tower will feature 160 feet of High Line frontage and 14- to 20-foot-high ceilings on floor plates ranging from 15,000 to 20,000 square feet.

The $140 million project would be located at 510 West 22nd Street and 10th Avenue. According to Rick Cook, it will “engage” both the High Line and the natural environment with terraces on the north and south sides of the second floor, the 9th floor, and a green roof. Tenant spaces will feature individually controlled HVAC systems. Ground-floor retail space will likely serve as a gallery or event space; local zoning allows for the development of office, retail, hotel, and non-profit museum uses.

In order to break ground, Albanese will first need to secure an anchor tenant that will take 75,000 square feet – at least – with likely asking rents in the vicinty of $80 per square foot, the New York Times reports. “After buying the Chelsea Art Museum building,” Mr. Albanese told the Times, “we were amazed by the corporations who were interested in relocating to West Chelsea, who were looking for an edgy location for their offices as opposed to a typical Midtown building.”

Albanese purchased the site from Highland Capital back in December for $55 million.

About Stephen Del Percio

Stephen Del Percio has written for gbNYC+ since 2006 and currently serves as in-house counsel for one of the world's largest engineering, construction, and technical services companies. He earned a B.Eng. from Columbia, his J.D. at William & Mary, and lives in New York City with his wife and daughter. You can follow Stephen on Twitter, email him at stephen@gbNYC.com, or join gbNYC on Facebook to continue the conversation.

about gbNYC

gbNYC is a multi-disciplinary consulting and real estate services firm. In addition to representing office tenants and commercial buyers in leasing and acquisitions, we also provide innovative consulting solutions from a unique, green building perspective. We advise on green building financial incentives, comment on proposed green building marketing strategies, author white papers, treatises, and market analyses, organize seminars on the LEED process and professional accreditation, and provide advice and analysis on green building risk management and the overall state of green real estate, leasing, and construction, in New York City and beyond.

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4 Responses to Trophy Office Tower Could Bring LEED Platinum to High Line in West Chelsea

  1. dhamodharan Tuesday, January 24, 2012 at 6:01 am #

    Excellent building and thanks for the nice article.great website.
    marg swarnabhoomi

  2. home performance energy auditor Sunday, January 29, 2012 at 5:44 pm #

    Congratulations to everyone that pushed for this LEED award for the Trophy Office Tower but especially congratulations to the person who first came up with the idea and worked to make it happen. A magnificent effort.

    Another way to look at the question of going green is to ask yourself, “What it will cost you NOT to build green?” Is a zero to five percent premium yielding lower energy and maintenance costs over time worth it? Property owners electing to save a little bit of money now by ignoring available green options could be throwing away money for years to come, as well as decreasing the marketability and value of their property for future buyers.
    Bob

Trackbacks/Pingbacks

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    [...] for other high-profile projects who will also seek LEED certification. 7 Bryant Park,  510 West 22nd Street and Related’s Hudson Yards project on the far West Side are three such projects.  While the more [...]

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